A static budget is always:
A) based on a specific planned activity level.
B) based on a range of activity within which the firm may operate.
C) the same as a flexible budget.
D) based on maximum capacity.

Question

Quizplus · Accepted Answer

A static budget is based on a specific planned activity level, usually at the beginning of the budget period. It does not change with fluctuations in actual activity levels during the period.

A Static Budget Is Always